Morgan Stanley Starts US Refiners at In Line; SUN at Overweight, TSO, VLO at Equal Weight

October 15, 2009 8:26 AM EDT

Morgan Stanley starts coverage on the U.S. Refiner group with an In Line rating. Stocks initiated include:

  • Sunoco (NYSE: SUN) at Overweight
  • Frontier Oil (NYSE: FTO) at Equal Weight
  • Holly Corp. (NYSE: HOC) at Equal Weight
  • Western Refining (NYSE: WNR) at Equal Weight
  • Tesoro (NYSE: TSO) at Equal Weight
  • Valero (NYSE: VLO) at Equal Weight
  • Alon USA Energy (NYSE: ALJ) at Underweight
  • Delek US Holdings (NYSE: DK) at Underweight


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New Coverage

Stocks Mentioned

ALJ 7.14

+0.07 +0.99%
Volume: 48,594
Track ALJ

DK 6.61

-0.09 -1.34%
Volume: 178,394
Track DK

FTO 11.69

-0.05 -0.43%
Volume: 810,909
Track FTO

HOC 25.67

+0.09 +0.35%
Volume: 68,174
Track HOC

SUN 25.56

+0.13 +0.51%
Volume: 480,864
Track SUN

TSO 12.97

+0.28 +2.21%
Volume: 865,760
Track TSO

VLO 16.06

+0.06 +0.38%
Volume: 2,274,408
Track VLO

WNR 4.64

+0.07 +1.53%
Volume: 392,717
Track WNR


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